Oroco Resource Corp. is pleased to announce the commencement of technical fieldwork, initially environmental baseline studies and permitting, at its Santo Tomas Project in Northwestern Mexico, followed by start-up of 3D Induced Polarization geophysical surveys and the first phase of confirmation diamond drilling. The Company currently operates community-based social and environmental programs in the area of the Project [...]
Oroco Resource Corp. is pleased to announce that it has closed the second and final tranche of the previously announced non-brokered private placement, issuing 1,000,000 units at a price of $0.45 per unit, for gross proceeds of $450,000 . Gross proceeds from the two tranches was $1,350,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole share purchase warrant will [...]
Oroco Resource Corp. is pleased to announce the filing on SEDAR of an Independent Geological Report on the Santo Tomás concessions in Northwestern Mexico. The Report, dated August 22, 2019, has been prepared by Dane A. Bridge Consulting Inc. of Calgary, Alberta, for filing by the Company with the TSX Venture Exchange in connection with the Company's option to acquire Altamura Copper Corp. . The Report documents the [...]
Oroco Resource Corp. is pleased to announce that it has closed the first tranche of the previously announced non-brokered private placement, issuing 2,000,000 units at a price of $0.45 per unit, for gross proceeds of $900,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 24 [...]
Oroco Resource Corp. is pleased to announce a non-brokered private placement of 3,000,000 units at a price of $0.45 per unit. Each unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 24 months at a price of $0.70 per share. The Private Placement has been fully [...]
Oroco Resource Corp. is pleased to announce that it has entered into a Letter Agreement for the acquisition, through its wholly-owned Mexican subsidiary, Minera Xochipala, S.A. de C.V., of an 80% interest in the 766.7 ha Rossy mineral concession situated within the NE limits of Oroco's existing land assembly at Santo Tomas. The westernmost boundary of the Rossy concession lies 750 meters from the eastern boundary of the [...]
Oroco Resource Corp. is pleased to announce that it has engaged Mr. Mark Stevens, C.P.G., of Denver Colorado as a technical consultant to the Oroco team. Mr. Stevens is initially leading an independent geological review of the historical resource files pertaining to the Santo Tomas Cu- Porphyry Deposit in Sinaloa State, Mexico. Mr. Stevens will thereafter be a central participant in the planning for an updated resource [...]
Oroco Resource Corp. is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. to provide market awareness and investor relations services to the Company. Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and microcap companies. Torrey Hills Capital will increase awareness of the Company through its established relationships with investment [...]
At the request of IIROC, Oroco Resource Corp. is providing the following clarifications to its news release of June 7, 2019 wherein the Company announced the receipt of the initial draft of an Independent Technical Report regarding the Geology, Mineralization, and Exploration of the Santo Tomás Cu- Porphyry Deposit in Sinaloa, Mexico . The Company wishes to clarify certain disclosure in compliance with NI 43-101 [...]
Oroco Resource Corp. is pleased to announce the receipt of the initial draft of an Independent Technical Report regarding the Geology, Mineralization, and Exploration of the Santo Tomas Cu- Porphyry Deposit in Sinaloa, Mexico . The Technical Report has been prepared by Dane A. Bridge Consulting Inc. of Calgary, Alberta, for use by the Company and by Altamura Copper Corp. for filing as a Technical Report with Canadian [...]
Oroco Resource Corp. is pleased to announce that Mr. Ian Graham has been appointed as Vice-President of Exploration of the Company. Mr. Graham is an accomplished mining professional with over 20 years of experience in the development and exploration of Mineral Deposits Ltd., mostly gained with major mining companies Rio Tinto and Anglo American, including as Chief Geologist with the Project Generation Group at Rio [...]
Oroco Resource Corp. is pleased to announce that, further to its news release of May 7, 2019, it has now obtained written confirmation of the decision of the Mexican federal appeal court which will result in the nullification of a 2016 judgement of the Thirteenth Civil Court of Mexico City , and the removal of the annotation of the Judgment in the Mexican Mining Registry. The annotation of the Judgment has been impeding [...]
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